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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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4, Nicoll Way, Borehamwood is recorded publicly as a mid-century leasehold apartment across 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Nicoll Way, Borehamwood is £226,906 and its rental estimate is £1,269 per month, given the available information and assuming reasonable condition.
Nicoll Way, Borehamwood, WD6 falls within the WD6 postal district, in the borough of Hertsmere.
4, Nicoll Way, Borehamwood has 3 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Nicoll Way, Borehamwood, we estimate a market value of £238,251 and a rental value of £1,332 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,023 and £1,180 per month respectively.
Over the last year, 4, Nicoll Way, Borehamwood has seen its estimated sale value move down by £3,439 (1.5%) and its estimated rental value increase by £28 per month (2.2%). This results in an estimated gross rental yield of 6.7%.
4, Nicoll Way, Borehamwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Nicoll Way, Borehamwood completed on 29th April 2021 at £240,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 19.7% over the period since April 2021.
Over the past 2 years 3 properties similar to 4, Nicoll Way, Borehamwood have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 109, Buckingham Road, Borehamwood, WD6 2QX, a leasehold flat which sold for £220,000.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Nicoll Way, Borehamwood, WD6, 4, Nicoll Way, Borehamwood comes out as the 58th largest and the 59th most expensive in our analysis of the public data.
It is also £385k less expensive than the average property across the WD6 district.
From 4, Nicoll Way, Borehamwood, the nearest station is Elstree & Borehamwood, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Nicoll Way, Borehamwood, 42.0% of property is socially rented and 27.5% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Nicoll Way, Borehamwood, 19.6% of residents are recorded as possessing school level qualifications and 22.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Nicoll Way, Borehamwood, the average age was 37.8 and the most common age was 37.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Nicoll Way, Borehamwood, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Nicoll Way, Borehamwood, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
